Los Angeles Business Journal

Two L.A. Execs Push a Seattle Hockey Team

By Jonathan Polakoff Friday, May 16, 2014

Two prominent L.A. businessmen are trying to bring a National Hockey League franchise to Seattle.

Victor Coleman, chief executive at L.A. real estate investment trust Hudson Pacific Properties and L.A. hedge fund manager Jonathan Glaser would be the lead partners in the team’s ownership, according to the Seattle Times.

The Times and other media have reported that Coleman and Glaser were in on a meeting with Seattle Mayor Ed Murray, NHL Commissioner Gary Bettman and others to discuss building a hockey arena in that city. Coleman and Glaser have reportedly been trying to get an NHL expansion franchise since last year.

The NHL commissioner was trying to change a memorandum of understanding that a new arena would only be built in Seattle after a National Basketball Association franchise is acquired and ready to move to the city. But Bettman was asking the mayor to change the plan so that an arena will be built if an NHL team decides to play in the city first. The change would require approval by the Seattle City Council.

San Francisco investor Chris Hansen and former Microsoft chief executive Steve Ballmer have agreed to contribute to the funding of a new NBA and NHL complex in the case that an NBA team comes to Seattle, but they have been looking for financial partners for the remainder.